alleryStart learning →Goods costing 1,000 are marked 1,200 and sold at 25% discount. The result is
ALoss of 10%
BProfit of 10%
CProfit of 5%
DLoss of 8%
Answer & Solution
Correct answer: A. Loss of 10%
Sale price is 900 against a cost of 1,000, a loss of 100, which is 10 percent.
Keep practising Discount
Browse all Discount questions for SSC CGL, or explore more Quantitative Aptitude topics.
Related questions
Discount equals the marked price minus theSales tax collected by a shopkeeper from customers is finally paid toWhen a seller and buyer negotiate a price below the original selling price, it isA price cut given when an order is placed in a slack period is called aTrade-in credit is a discount granted forA cumulative quantity discount depends onUnder payment terms 2/10 net 30, what discount applies for payment within 10 days?What is the main purpose of a prompt payment discount?